The GBP??? WTF
- phuketrichard
- Expatriate
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Re: The GBP??? WTF
.....loved LOS at 45B/$...not so much at 30B/$...
HUH?
today; 34.7 baht=$1
I brought my land when the baht was at 44.5!!!
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
Re: The GBP??? WTF
It's weird as if by magic when UK requires favourable export conditions the Forex lads n lassies deliver up the goods ?
The £ has been overvalued for years, the inevitable € Euro crash will be apocalyptic.
The £ has been overvalued for years, the inevitable € Euro crash will be apocalyptic.
Re: The GBP??? WTF
[quote="CEOCambodiaNews"]Pound falls 10% in Asian trading mystery
Friday 7 October 2016 06.55 BST
A “fat finger” error by a trader or computerised chain reaction was thought responsible as the pound plunged to a new three-decade low during early trading in Asia on Friday – adding to the huge losses sterling had already suffered amid speculation that Britain is heading for a “hard Brexit”.
Right! As if it were quite that EZ. That's a really fat finger.
Friday 7 October 2016 06.55 BST
A “fat finger” error by a trader or computerised chain reaction was thought responsible as the pound plunged to a new three-decade low during early trading in Asia on Friday – adding to the huge losses sterling had already suffered amid speculation that Britain is heading for a “hard Brexit”.
Right! As if it were quite that EZ. That's a really fat finger.
Re: The GBP??? WTF
Feel the Aussie and Canuck pain of the last couple years!
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Re: The GBP??? WTF
I am glad some fat cat money trader can make a tidy profit from all of this. What a wonderful profession they belong to.
- Jamie_Lambo
- The Cool Boxing Guy
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Re: The GBP??? WTF
its a good job im earning decent coin back here in england atm i should be coming back with alot more than usual, this new exchange rate though is going to suck hard!
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
Punchy McShortstacks School of Hard Knocks
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Re: The GBP??? WTF
yo
dont bother jamie its raining and cold here
26c
dont bother jamie its raining and cold here
26c
i am on these blocked lists;
pucketrichard
hotdgr
sailorman
rozzieoz
stroppychops
pucketrichard
hotdgr
sailorman
rozzieoz
stroppychops
- Jamie_Lambo
- The Cool Boxing Guy
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Re: The GBP??? WTF
i dont fly back until December, im in England for 4months doing some work, some boxing and spending time with family,SinnSisamouth wrote:yo
dont bother jamie its raining and cold here
26c
4 months is long enough though, earlier this week it was still nice, still around 20'c but its starting to turn now...
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
Punchy McShortstacks School of Hard Knocks
Re: The GBP??? WTF
damn! And I thought it was expensive before!SinnSisamouth wrote:property in the UK has increased 45% over two years and more in London
id say they wouldn't be that fussed
cheers
Bertros
A taste of the bait is worth the pain of the hook.....
- CEOCambodiaNews
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Re: The GBP??? WTF
The pound was down 1.7% against the dollar at $1.2421, in afternoon trading in London, with analysts blaming concern over the UK's negotiations to exit the European Union.
The flash crash aftershocks also briefly pushed sterling below €1.10, for the first time since early 2010...
Analysts at HSBC are forecasting that the pound could fall to $1.10 and could be worth just one euro by the end of next year.
"The argument which is still presented to us - that the UK and EU will resolve their difference and come to an amicable deal - appears a little surreal," said David Bloom, head of foreign exchange research at HSBC.
"It is becoming clear that many European countries will come to the negotiation table looking for political damage limitation rather than economic damage limitation. A lose-lose situation is the inevitable outcome."
http://www.bbc.co.uk/news/business-37587085
The flash crash aftershocks also briefly pushed sterling below €1.10, for the first time since early 2010...
Analysts at HSBC are forecasting that the pound could fall to $1.10 and could be worth just one euro by the end of next year.
"The argument which is still presented to us - that the UK and EU will resolve their difference and come to an amicable deal - appears a little surreal," said David Bloom, head of foreign exchange research at HSBC.
"It is becoming clear that many European countries will come to the negotiation table looking for political damage limitation rather than economic damage limitation. A lose-lose situation is the inevitable outcome."
http://www.bbc.co.uk/news/business-37587085
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